Shareholders' Equity

3 Months Ended

Mar. 28, 2014

Stockholders' Equity Note [Abstract]

Shareholders' Equity

Shareholders’ Equity

Our shareholders have authorized 50,000,000 preferred shares at $0.01 par value, of which none are issued or outstanding. Our shareholders have authorized 200,000,000 ordinary shares of common stock at $0.01 par value, of which 55,658,594 are issued and outstanding at March 28, 2014.

Ordinary share activity for the quarters ended March 28, 2014 and March 29, 2013 is summarized as follows:

	Quarter ended
	March 28, 2014		March 29, 2013
Ordinary shares issued (retired) as a result of:
Stock option exercises	117,034		589,018
Restricted stock grants	26,117		26,201
Restricted stock units	61,606		—
Ordinary shares repurchase and retirement	(764,600	)	(1,038,209	)

On July 31, 2009, our Board of Directors approved a three-year stock repurchase program of up to $150 million of our ordinary shares, which expired on July 31, 2012. On May 5, 2010, our Board of Directors approved an additional three-year stock repurchase program of up to $150 million of our ordinary shares, which expired on May 5, 2013. On May 1, 2013, our Board of Directors approved a three-year stock repurchase program of up to $300 million of our ordinary shares. We have repurchased $286.0 million, or 12,029,985 ordinary shares, under the aforementioned repurchase programs and retired all the repurchased shares. We have a maximum dollar amount value of $238.2 million of shares that may yet be purchased under the May 1, 2013 stock repurchase program.

Dividend activity for the quarters ended March 28, 2014 and March 29, 2013 is summarized as follows:

Quarter ended			Quarter ended
March 28, 2014			March 29, 2013
Dividend Declared Date	Cash Dividend Declared, per Ordinary Share		Dividend Declared Date	Cash Dividend Declared, per Ordinary Share
March 28, 2014	$	0.125	March 29, 2013	$	0.125

We paid $7.1 million in dividends for the quarter ended March 28, 2014 and $7.2 million in dividends for the quarter ended March 29, 2013.